Indian Point: Steady as she goes….

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The original 40-year licenses for the two nuclear reactors at Indian Point are due for 20-year extensions this September and in 2015, respectively. Hearings by the Nuclear Regulatory Commission were started late last year and no final decision is realistically expected for several years. It is well known that Governor Cuomo, other agencies and some members of the public want the reactors shut down due to their proximity to the large New York metropolitan area, with the Fukushima disaster presumably providing additional rationale.

From a national energy and environmental standpoint, nuclear power is a desirable way to generate electricity. Once a plant is built, the operating costs are low and there is no discharge of greenhouse gases into the atmosphere. In comparison, large power plants must burn oil, natural gas or coal. Oil has become too expensive, while natural gas is becoming the most desirable fuel. It does result in carbon…

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